Manafort earns $60 million in Ukraine, - US Internal Revenue Service

According to the documents of the Party of Regions, Manafort did receive $60 million, and he declared just $14 million

11:00, 9 August 2018

Voice of America

Michael Welch, the officer of the US Internal Revenue Service (IRS), stated in the court that Paul Manafort, ex-Head of Trump’s elections campaign, earned $60 million in Ukraine, $31 million of which – in 2012, as The Washington Post reports.

“Manafort received about $15.5 million from Ukraine, which he then paid directly to vendors and which he did not report or pay taxes on. The money never entered Manafort’s business or personal accounts in the United States, Welch said. Manafort also falsely classified an additional $1.5 million in income as a loan, Welch testified. An FBI accountant testified earlier Wednesday that more than $60 million flowed through Manafort’s overseas accounts between 2010 and 2014, and he spent $15 million of that on homes, clothes and other personal purchases,” Welsh said.